SMARTCOIN
India Inc bats for IPL to boost team bonding; cos hold match screenings, quiz games to create inclusive work culture
India's IPL fervour has led to organizations like Milagrow, Manipal Hospitals, Olyv, Lendbox, and Revfin bringing the tournament's excitement to the workplace. These initiatives aim to boost team morale, nurture employees' interests beyond work, and create an inclusive work culture. HR heads at Per Annum and Lendbox, Noise, Urban Company, Dream11, Olyv, and Lendbox are organizing match screenings in offices.
Digital Rupee: Do you need a bank account to transact RBI e-Rupee?
The retail digital rupee is an electronic token issued by the Reserve Bank of India. It is is similar to the physical rupee that you hold in your wallet. Since the pilot started there has been a lot of interest among the users about it. ET Wealth Online answers seven common questions related to the retail digital rupee.
2022 Year in Review | A tumultuous 2023 awaits fintech startups
With the regulatory overhang on fintechs continuing, and the Reserve Bank of India (RBI) taking steps to regulate various aspects of the sector, investors are expected to remain selective in their approach, leading to potential consolidation in the coming months.
'Twitter stint shows Agrawal’s career just getting started’
Indian-origin technocrat showed grit by staying firm on co’s valuation, tackled situation well under pressure: Experts
Unicorn India Ventures to exit from six startups by selling its stakes to US-based fund
The companies include robotics startup Genrobotics, cybersecurity firm Sequretek, customer experience analytics startup Clootrack, digital business publication Inc42, digital media startup Inntot, and healthcare startup NeuroEquilibrium.
Startup Hiring: Frenzy slows down, but many CXOs sitting on multiple offers
Profiles like chief technology officer, chief product officer and chief revenue officer continue to command high compensation owing to high demand, according to experts.
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Five Indian startups among 100 joining WEF's Tech Pioneers Community
Among the five Indian entities, Vahan is building a full-stack labour marketplace for blue-collar workers; SmartCoin Financials is a tech-driven financial inclusion platform empowering the underserved; and Recykal is Asia's first circular economy marketplace.
IIT Patna receives a record 252 offers in Phase-I placement for the graduating batch of 2022
This season IIT Patna experienced a surge in job offers extended to the graduating students. So far students have received 252 offers from various companies, compared to only 96 at the same time last year. There has also been a significant jump in pre-placement offers extended to the graduation students of BTech and MTech.
Debt knell: With retail debt past Rs 40 lakh crore, worries about defaults on repayments rise
Retail debt in India — at over Rs 40 lakh crore — has never been so alarmingly high, and lenders have a lot to worry about. Non-performing assets (NPAs) are gradually piling up across retail loan buckets and unsecured portfolios (such as personal loans or credit card payouts) are a ticking time bomb.
LGT Lightstone Aspada puts Rs 54 crore in Akna
Akna Medical plans to deploy over $20 million over the next two years to scale up operations across the country and to deepen tech and analytics offerings.
LGT Lightstone Aspada leads $7 million funding round in micro-lender SmartCoin
Bengaluru-based startup to use proceeds to grow its loan book to Rs 1,500 crore, and double its user base to 10 million in the next 12 months.
Federal Bank will anchor Unicorn’s maiden debt fund
Unicorn India’s venture debt fund is expected to mark the first close of its fund by early November, a year after it was launched in November last year.
Chinese Venture Capital funds rush to buy stakes in Indian startups
Nearly half-a-dozen venture capital funds from China are looking to buy stakes in Indian startups across financial and education technology, ecommerce, content and online classifieds.
Fintech accelerator ISME ACE announces first startup cohort
The 6 startups have been selected from over 500 applications across 23 countries and address various emerging segments of new age financial services including alternate lending, banking technology and investment, wealth management technology.
Unicorn India Ventures announces maiden venture debt fund
A former SEBI chairman Damodaran is also currently chairing government's task force to set up the Resolution Corporation of India.
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